Doximity (DOCS) Net Margin (2020 - 2026)
Doximity (DOCS) reported Net Margin of 13.15% for Q1 2026, down 3202.0% year-over-year from 0.42% in Q1 2025, and down 60.47% quarter-over-quarter from 33.27% in Q4 2025.
Doximity (DOCS) Net Margin (2020 - 2026) Analysis & Trends
Doximity (DOCS) has 7 years of Net Margin data on file, last reported at 13.15% in Q1 2026.
- Net Margin for Q1 2026 came in at 13.15%, down 3202.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.4% (down 873.0% YoY), and the FY2026 annual result was 30.4%, down 873.0% from the prior year.
- Net Margin declined to 13.15% in Q1 2026 per DOCS's latest filing, from 33.27% in the prior quarter.
- Over five years, Net Margin peaked at 45.17% in Q1 2025 and troughed at 13.15% in Q1 2026.
- A 5-year average of 32.01% and a median of 32.66% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2026: Net Margin jumped 2348 bps in 2022, then plunged 3202 bps in 2026.
- A 5-year view of Net Margin shows it stood at 29.04% in 2022, then gained by 22 bps to 35.45% in 2023, then gained by 26 bps to 44.6% in 2024, then dropped by 25 bps to 33.27% in 2025, then sank by 60 bps to 13.15% in 2026.
- Business Quant data shows DOCS's Net Margin at 13.15% in Q1 2026, 33.27% in Q4 2025, and 36.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 18.66% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -8.93% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 13.15% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 13.80% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 3.68% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -10.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.15% |
| Dec 31, 2025 | 33.27% |
| Sep 30, 2025 | 36.82% |
| Jun 30, 2025 | 36.54% |
| Mar 31, 2025 | 45.17% |
| Dec 31, 2024 | 44.60% |
| Sep 30, 2024 | 32.27% |
| Jun 30, 2024 | 32.66% |
| Mar 31, 2024 | 34.41% |
| Dec 31, 2023 | 35.45% |
| Sep 30, 2023 | 26.94% |
| Jun 30, 2023 | 26.19% |
| Mar 31, 2023 | 27.64% |
| Dec 31, 2022 | 29.04% |
| Sep 30, 2022 | 25.74% |
| Jun 30, 2022 | 24.69% |
| Mar 31, 2022 | 39.58% |
| Dec 31, 2021 | 56.85% |
| Sep 30, 2021 | 45.48% |
| Jun 30, 2021 | 14.78% |